Manager – Operations Finance

Key Responsibilities :
1. Banking Relationship & Collection Management
· Manage alternate collection channels
· Manage gain and loss in financial transactions due to NAV application dates as per IRDA guidelines
§ Streamline Collection process to avoid pending BRS items
§ Manage issuance of premium receipts to customers within agreed timelines
§ Manage group business collections, receipting and accounting
§ Oversee Premium Housekeeping – General Suspense, Not in RTF, Cheque Bounce etc
§ Ensure timely and satisfactory completion of Monthly Closing of Policy admin Related Accounts and systems
§ Manage payment conveniences for alternate payments channels
§ Oversee Policy Admin system development Projects and defect Management
2 Audits & Month-end closing
§ Ensure timely and satisfactory completion of Year end Closing of Books of Accounts incl. audits ;
§ To ensure Internal audit rating of <=2

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§ 3. Leading a Team
§ Managing Productivity of FTE’s and Outsourced Staff
§ Effectively lead a process oriented team for Ops Finance within a cost-effective model and to ensure effective Coordination with all interfaces to the department
§ Minimal attrition rate and high engagement levels
§ Train constituent department/location representative on disbursement process incl. Accounting
§ Ability to manage outsourced staff supplied by Vendor

Desired qualifications and experience :

Ü Chartered Accountant with a minimum of 5-7 years experience in managing financial transaction processing (Experience in high volume transactional processing /financial Industry like SBI Credit card, Airtel , Hutch, would be preferred)
Ü Preferably with some technology related Project handling experience

Ü Preferably should have been part of a financial process control team

CA

5 Years

As per industry standard